Business

Pelagos Insurance Capital Limited, formerly Fidelis Insurance Holdings Limited, announced its rebrand following shareholder approval. A spokesperson said, “Pelagos Insurance Capital Limited [“Pelagos Insurance Capital” or the “Company”], formerly Fidelis Insurance Holdings Limited [NYSE:FIHL], an expert capital allocator and risk selector in specialty insurance and reinsurance, announced today that following shareholder approval at its Annual …

The Bermuda Corporate Income Tax Agency [CITA] announced that it has “officially assumed responsibility for administering Bermuda’s Economic Substance regime and Automatic Exchange of Information framework.” A spokesperson said, “Effective March 13, 2026, the Minister of Finance designated CITA as the Competent Authority under the International Cooperation [Tax Information Exchange Agreements] Act 2005 and the …

The Department of Marine & Ports Services has released the weekly shipping schedule for ship arrivals commencing on Saturday, May 9th. On Saturday the Independence of the Seas and the Norwegian Jewel cruise ships are expected, on Sunday the Bagheera discharge ship and the Oleander container ship will arrive, and on Monday the Cartagena discharge …

Fidelis Insurance Holdings Limited has declared a dividend of $0.15 per share, payable on June 26, to shareholders of record on June 15. A spokesperson said, “Fidelis Insurance Holdings Limited [NYSE:FIHL] [Fidelis Insurance Group or the Company], a strategic capital allocator and risk selector in specialty insurance and reinsurance, announced today that its Board of …

May 8 saw 1,156 shares trade on the Bermuda Stock Exchange, valued at $63,580.00 BD. 1,156 shares were traded by Bank of N.T. Butterfield Ltd, closing even at $55.00 per share. The BSX finished at 3,548.61, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the …

Calidris Investment Partners, an insurance-focused investment manager backed by RedBird Capital Partners, announced three new hires as the firm continues to expand its platform. A spokesperson said, “James Larner joins as Director of Investor Partnerships, Chelsea Smith as Finance and Operations Manager and Abigail Exon as Quantitative Strategies Manager. “James will lead Calidris’ global capital …

Watlington Waterworks Limited reported net income of $3.20 million for 2025, down 7.78% from 2024, while completing the Luke’s Pond Reservoir project. A spokesperson said, “In 2025, Watlington Waterworks Limited [WWL or the Company] recorded net income of $3.20 million, compared to $3.47 million in 2024, representing a decrease of $0.27 million or 7.78%. While …

The Waterfront Group of companies have launched four ecommerce platforms — with a fifth coming soon — as part of a wider digital strategy aimed at simplifying online ordering and supporting future business growth. A spokesperson said, “Waterfront Group of companies, in collaboration with Socialprise [And their new performance marketing arm We HYPR], has launched a …

Cactus has announced the appointment of Keith Bernhard as its Chief Financial Officer and Head of Audit. A spokesperson said, “Cactus, the award-winning insurtech focused on underwriting intelligence, today announced the appointment of Keith Bernhard as Chief Financial Officer and Head of Audit. Bernhard brings the rigour of public-company audit to a growing insurtech and …

Enstar Group Limited announced that it will pay cash dividends on its Series D and Series E preference shares. A spokesperson said, “Dividends on Enstar’s Series D 7.00% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares of $0.43750 per depositary share [each of which represents a 1/1,000th interest in a Series D Preference Share] will be payable on …

Everest Group, Ltd. today announced the appointment of Lisa Davis as Head of North America, Wholesale & Specialty, where she will lead underwriting strategy, distribution, and portfolio management across the region. A spokesperson said, “Everest Group, Ltd., a global underwriting leader providing world-class reinsurance and specialty insurance solutions, today announced the appointment of Lisa Davis …

May 7 saw 400 shares trade on the Bermuda Stock Exchange, valued at $9,916.00 BD. 400 shares were traded by Allshores Limited, closing even at $24.79 per share. The BSX finished at 3,548.61, even on the day. There were 0 advances, 1 decline, and 46 remained unchanged. The full report for the day is available …

SailGP announced a partnership with Butterfield and Mastercard for the upcoming Apex Group Bermuda Sail Grand Prix. A spokesperson said, “SailGP, the most exciting racing on water, today announced a partnership with Butterfield and Mastercard for the upcoming Apex Group Bermuda Sail Grand Prix [May 9–10], enhancing the event experience through premium financial services, innovation …

Hamilton Insurance Group announced that Peter W. Wilson has been elected to its Board of Directors at the Company’s Annual General Meeting of Shareholders. “I am pleased to welcome Peter to the Hamilton Board,” said David A. Brown, Board Chair. “Peter brings extensive industry and leadership experience across global specialty insurance markets, with a strong track …

AM Best has assigned a Financial Strength Rating of A- [Excellent] and a Long-Term Issuer Credit Rating of “a-” [Excellent] to Calix Re Limited [Calix Re] [Bermuda]. The outlook assigned to these Credit Ratings [ratings] is stable. The ratings agency said, “The ratings reflect Calix Re’s balance sheet strength, which AM Best assesses as very …

Minister of Economy and Labour Jason Hayward opened the B.U.I.L.D Summit 2026, highlighting the importance of investment, innovation, and collaboration in shaping Bermuda’s future. A Government spokesperson said, “Today, the Minister of Economy and Labour, the Hon. Jason Hayward, JP, MP, underscored the importance of investment, innovation, and collaboration in shaping Bermuda’s future as he …

RenaissanceRe Holdings Ltd. announced board leadership changes, including appointing Henry Klehm III as Non-Executive Chair, electing Stephen C. Hooley as an independent director, and declaring a $0.41 quarterly dividend alongside a renewed $750 million share repurchase program. A spokesperson said, “RenaissanceRe Holdings Ltd. today announced the following: Existing director, Henry Klehm III has been appointed Non-Executive …

Deloitte announced leadership changes across Bermuda and the Caribbean, with John Johnston set to retire, Anna Burns to take over as regional CEO on June 1, 2026, and Stephen Kuzyk already leading the Bermuda office. A spokesperson said, “Today Deloitte announced leadership changes within its operations covering Bermuda and the Caribbean Region. Long-time regional Chief …